Triumph Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Rhea-AI Summary

Triumph (NYSE: TFIN) declared a quarterly cash dividend on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NYSE: TFIN-PR).

The Board set a per-preferred share dividend of $17.81, equal to $0.44525 per depositary share. The dividend is payable on Dec. 30, 2025 to holders of record at the close of business on Dec. 15, 2025.

Positive

• Cash dividend declared on Series C preferred stock
• $17.81 per preferred share; $0.44525 per depositary share
• Dividend payable Dec. 30, 2025 to record holders on Dec. 15, 2025

Negative

• Series C is non-cumulative, so missed dividends are not accrued
• Preferred is perpetual and has no maturity date

News Market Reaction

+1.79%

1 alert

+1.79% News Effect

On the day this news was published, TFIN gained 1.79%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Preferred dividend: $17.81 per share Depositary dividend: $0.44525 per depositary share Dividend rate: 7.125% +5 more

8 metrics

Preferred dividend $17.81 per share 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Depositary dividend $0.44525 per depositary share Each depositary share represents 1/40th of a preferred share

Dividend rate 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Payment date Dec. 30, 2025 Dividend payable date for Series C preferred

Record date Dec. 15, 2025 Holders of record eligible for dividend

Price change 5.29% TFIN 24h move prior to this news

52-week range $42.90 – $105.26 52-week low and high for TFIN

Market cap $1,460,260,991 TFIN market capitalization prior to this news

Market Reality Check

Price: $69.40 Vol: Volume 250,426 is 1.18x t...

normal vol

$69.40 Last Close

Volume Volume 250,426 is 1.18x the 20-day average of 211,686. normal

Technical Trading 40.83% below 52-week high of 105.26, above 200-day MA at 57.11.

Peers on Argus

TFIN gained 5.29%, while peers BY, NBHC, DCOM, HOPE, and QCRH rose a more modest...

TFIN gained 5.29%, while peers BY, NBHC, DCOM, HOPE, and QCRH rose a more modest 0.28–1.65%, indicating a company-specific response rather than a broad regional bank move.

Historical Context

5 past events · Latest: Nov 28 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 28	Preferred dividend	Positive	+1.8%	Board declared quarterly dividend on Series C preferred stock.
Nov 14	Conference appearance	Neutral	-3.5%	Company scheduled presentation at Stephens Annual Investment Conference.
Nov 12	Partnership expansion	Positive	+0.1%	NFI expanded use of Triumph’s payments and audit solutions.
Oct 23	Industry recognition	Positive	+4.2%	Company ranked No. 4 on the 2026 FreightTech 25 list.
Oct 15	Earnings release	Neutral	-0.9%	Management released and planned discussion of Q3 2025 results.

Pattern Detected

Positive corporate developments (dividends, awards, partnerships) have consistently been followed by positive share price reactions in recent months.

Recent Company History

Over the last few months, Triumph’s news flow has included quarterly results on Oct. 15, 2025, industry recognition with a top-5 FreightTech ranking on Oct. 23, and an expanded NFI relationship on Nov. 12. A conference appearance was announced on Nov. 14. Today’s preferred dividend declaration on Nov. 28, 2025 continues a pattern of regular capital return to preferred holders, while prior positive items such as partnerships and awards also coincided with upward stock moves.

Market Pulse Summary

This announcement detailed a quarterly dividend of $17.81 per Series C preferred share, or $0.44525 ...

Analysis

This announcement detailed a quarterly dividend of $17.81 per Series C preferred share, or $0.44525 per depositary share, payable on Dec. 30, 2025 to holders of record on Dec. 15, 2025. It extends a pattern of regular preferred dividends seen across 2025. Investors may track future dividend declarations, common stock capital return actions, and subsequent regulatory filings to understand how Triumph balances shareholder returns with evolving earnings and balance sheet trends.

Key Terms

non-cumulative, perpetual preferred stock, depositary shares, preferred stock

4 terms

non-cumulative financial

"7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock"

Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.

perpetual preferred stock financial

"Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock"

A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.

depositary shares financial

"represented by depositary shares (NYSE: TFIN-PR), each representing a 1/40th interest"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

preferred stock financial

"7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock"

Preferred stock is a type of ownership in a company that typically offers investors higher and more consistent dividend payments than common stock. Unlike regular shares, preferred stock usually doesn’t come with voting rights but provides a priority claim on the company’s assets and profits, making it a more stable and predictable investment option. This makes preferred stock attractive to those seeking steady income with lower risk.

AI-generated analysis. Not financial advice.

DALLAS, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Triumph (the “Company”) (NYSE: TFIN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $17.81 per share on its 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock, represented by depositary shares (NYSE: TFIN-PR), each representing a 1/40th interest in a share of preferred stock. Holders of depositary shares will receive $0.44525 per depositary share. The dividend is payable on Dec. 30, 2025, to holders of record at the close of business on Dec. 15, 2025.

About Triumph Financial

Triumph (NYSE: TFIN) is a financial and technology company focused on payments, factoring, intelligence and banking to modernize and simplify freight transactions. Headquartered in Dallas, Texas, its portfolio of brands includes Triumph, TBK Bank and LoadPay. ir.triumph.io

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial, Inc.’s expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" and the forward-looking statement disclosure contained in the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on Feb. 11, 2025. Forward-looking statements speak only as of the date made, and Triumph Financial undertakes no duty to update the information.

Source: Triumph Financial, Inc.

Investor Relations:
Luke Wyse
Executive Vice President, Head of Investor Relations
lwyse@tfin.com
214-365-6936

Media Contact:
Amanda Tavackoli
Senior Vice President, Director of Corporate Communication
atavackoli@tfin.com
214-365-6930

FAQ

What dividend did Triumph (TFIN) declare for its 7.125% Series C preferred on Nov. 28, 2025?

The Board declared a quarterly cash dividend of $17.81 per preferred share, or $0.44525 per depositary share.

When is the Triumph (TFIN) Series C preferred dividend payable and who is eligible?

The dividend is payable on Dec. 30, 2025 to holders of record at the close of business on Dec. 15, 2025.

How many depositary shares equal one Triumph (TFIN) Series C preferred share?

Each depositary share represents a 1/40th interest in one Series C preferred share.

What does non-cumulative mean for Triumph (TFIN) Series C preferred holders?

The Series C is labeled non-cumulative, meaning missed dividends do not accumulate as unpaid obligations.

What is the dividend rate for Triumph (TFIN) Series C preferred stock?

The issue is a 7.125% fixed-rate Series C preferred, reflected in the declared cash dividend.